Prada announced that its earned 286.4 million euros during the first six months of the fiscal year, up almost 60% over last year. But that missed the $290.3 million euros forecast by analysts. Revenue during the period was 1.55 billion euros.

The company saw the largest growth in Asia. Sales in China rocketed up 50.2%, hitting 334.6 million euros. It’s shares have soared 71% on the Hong Kong stock exchange so far this year.

After opening 28 new stores and closing two existing stores, the Prada has 414 company-controlled stores.

Other luxury apparel makers, including Burberry (PINK:BURBY) have warned of cooling sales growth in China. Bertelli said that based on August and September sales, he expected Prada to match sales targets, and predicted double-digits sales growth at stores open more than twelve months.